Question

to set prices, businesses must price the physical product and all of its associated
features.
physical characteristics.
value.
services.
question 10
5 pts
in which of the following businesses is the business owner usually responsible for setting
prices:
walmart
java joes coffee shop
sears
macys

Explanation:

First Question (Top Multiple-Choice)

When setting prices, businesses need to consider the physical product and its associated services. Features and physical characteristics are part of the product itself, and "value" is a broader concept. Associated services (like warranties, after - sales support) are also priced along with the product. So the correct option is the one with "services".

Large corporations like Walmart, Sears, and Macy's have complex pricing systems managed by teams or algorithms. A small business like Java Joe's Coffee Shop is typically owned by an individual or a small group, and the owner is usually responsible for setting prices.

Answer:

D. services (assuming the options are labeled A - D as features, physical characteristics, value, services respectively)

Question 10